The 50:50 JV posted a loss of INR 970.7 crore for 2009-10, an increase of 39%. Fiat India Automobiles Pvt Ltd the three year old joint venture company formed through the association of TATA Motors and Fiat Auto SpA is facing rough weather, as it posted record losses last year.
The 50:50 JV
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Saturday, August 7, 2010
TATA and Fiat JV facing mounting losses
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